Posts Tagged ‘asia’

Subsea 7 revenues rise on high offshore activity

by on November 19, 2012 9:30 am BST
The offshore contractor also saw revenue rise by more than one-fifth to $1.74 billion compared to the same quarter in 2011, and vessel utilisation improved by 5% to 88%.Subsea 7 chief executive Jean Cahuzac said in a statement on Monday that the results were in line with the company’s expectations.

Weatherford opens new Singapore facility

by on November 12, 2012 1:54 pm BST
Weatherford opens new Singapore facilityLOYANG, SINGAPORE -- Weatherford International officially opened its new multi-million-dollar facility in Singapore, which will provide a strategic base for the company’s operations within the Asia Pacific region. The base – which brings together the country’s 300-strong workforce under one roof for the first time

GLOBAL MARKETS-Shares steady before U.S. vote, euro slips on Greece

by on November 6, 2012 8:45 am BST
Tue Nov 6, 2012 3:45am EST * European shares open up 0.1 pct, world shares steady * Dollar index near two-month high* Euro hovers near two-month lows vs dollarBy Marc JonesLONDON, Nov 6 (Reuters) - World shares and the dollar steadied on Tuesday as investors waited for the U.S. election result, while

Gazprom to invest $38.4 billion in field eastward pipeline

by on October 30, 2012 1:07 am BST
Gazprom to invest $38.4 billion in field eastward pipelineBY JAMES MARSONMOSCOW -- Gazprom will spend $38.4 billion launching a gas field and pipeline to Vladivostok in the country's far east by the end of 2017, Interfax quoted the company's chief executive as saying. Gazprom said in September that it would speed up